In comment letters, investors have hammered the agency for the proposal’s lack of sound reasoning or analysis to support the notion that quarterly reporting dissuades companies from going public or encourages short-term thinking, they said. Semiannual reporting would also make markets less transparent, less efficient and less competitive, they say. “A proposal of this significance requires compelling evidence that quarterly…
Rep. Ritchie Torres (D-N.Y.) has asked the Securities and Exchange Commission to investigate whether plans by Truth Social’s parent company to sell Wall Street firms real-time access to President Trump’s posts could violate federal securities laws, according to a copy of the letter obtained by Axios. Why it matters: The letter escalates scrutiny of Trump Media & Technology Group’s plan…
When Coinbase sought FOIA records to shed light on the agency’s interpretation of securities laws with respect to digital assets, the SEC refused—so we took it to court, and a judge ordered the SEC to produce them. But there was a twist: The agency tasked with policing corporate record-keeping somehow lost reams of its own text messages between Mr. Gensler…
Prediction markets fighting to be under the sole purview of a small agency charged with overseeing derivatives trading may also find themselves in the watchful eyes of the regulator’s older sibling, as federal officials pursue next steps to police the multibillion-dollar industry. The Securities and Exchange Commission, the larger Wall Street regulator that oversees various financial markets, broke its reclusive…
The US Securities and Exchange Commission is turning its attention to the potential for misconduct in a private equity product that’s become popular with asset managers struggling to sell their investments, a person familiar with the matter said. The probe focuses on so-called continuation vehicles, said the person, who asked not to be identified discussing internal agency matters. The person…
Paul Atkins has just passed the first-year anniversary of his tenure as Chairman of the U.S. Securities and Exchange Commission (SEC) and has begun to reshape the agency’s posture through a deliberate, back-to-basics approach. Since taking office in April 2025, Chair Atkins has emphasized alignment with the SEC’s core mission of protecting investors, maintaining fair, orderly, and efficient markets, and…
On June 5, 2026, the Securities and Exchange Commission charged JianQing Li, a former investment analyst at a New York-based investment adviser, with allegedly insider trading in the securities of at least twelve healthcare companies from February 2024 through October 2025. According to the SEC’s complaint, Li had access, through his employment at a registered investment adviser focused on the…
The Securities and Exchange Commission today announced settled charges against Pasadena?based investment adviser Western Asset Management Company, LLC for failing to take reasonable steps to detect and prevent its former co-Chief Investment Officer’s alleged cherry-picking scheme. Western Asset agreed to pay a $100 million civil penalty in connection with the settlement. In November 2024, the Commission charged Western Asset’s former…
But beneath the spectacle lies something most retail investors do not understand: this IPO is structurally unlike any public offering that has come before it, and not merely because of its size. It is different because of a purpose-built and dangerous loophole. In the weeks before the deal, the Nasdaq rewrote the rulebook governing one of the most important stock…
The Supreme Court ruled on Thursday that the federal Securities and Exchange Commission can recover money that companies and individuals gained illegally, even if the agency is unable to prove that investors suffered a financial loss. In a unanimous decision written by Justice Neil M. Gorsuch, the justices sided with the independent administrative agency tasked with regulating securities markets, rejecting…